Gold Prices Witness Downward Trend Across India
As of Wednesday, November 12, 2025, the gold market in India has experienced a noticeable dip, continuing a trend of volatility observed in recent weeks. After reaching a record high in early October, the precious metal has seen a correction, offering a slight respite to potential buyers and investors. This price movement highlights the dynamic nature of the gold market, which is closely watched as a traditional hedge against inflation.
Today's Carat-Wise Gold Rates Per Gram
The price of gold fell across all purity levels on November 12. The most significant drop was seen in 24-carat gold, which is primarily used for investment. The rate for 24K gold stands at Rs 12,551 per gram, reflecting a decrease of Rs 33 from the previous trading session. For those interested in jewellery, the more commonly used 22-carat gold is now priced at Rs 11,505 per gram, down by Rs 30. Similarly, 18-carat gold, also popular for ornamental purposes, is trading at Rs 9,413 per gram, showing a drop of Rs 25.
Understanding the Price Categories and Market Context
It is important for consumers to understand the distinction between different gold purities. 24-carat gold, being the purest form, is the most expensive and is favoured for investment instruments like bars and coins. On the other hand, 22-carat and 18-carat gold contain alloys for strength, making them the preferred choice for crafting durable and intricate jewellery. The current dip in prices in November follows a significant surge that pushed gold to an all-time high just a month prior, demonstrating the metal's characteristic price swings. Market analysts often point to global economic indicators, currency fluctuations, and domestic demand, especially during the festive and wedding seasons, as key drivers of these changes.
While the rates provided offer a national benchmark, it is crucial to note that the final price for consumers can vary slightly from city to city due to factors such as local taxes, making charges (for jewellery), and dealer premiums. Major metropolitan hubs including Chennai, Mumbai, Delhi, Kolkata, Bangalore, and Hyderabad will reflect these adjusted rates.
